In a Nutshell What is the EU ETS? The EU Emissions Trading System (EU ETS) is a market-based approach for setting a price for carbon dioxide (CO2) emissions. It works on a ‘cap and trade’ basis whereby a ‘cap’, or limit, is set on the total greenhouse gas (GHG)...
In a Nutshell What is the 2040 Climate Target? The provisional agreement to amend the EU Climate Law establishes a legally binding 2040 climate target of 90% net greenhouse gas (GHG) emission reductions compared to 1990 levels. At least 85% of the target must be met...
In a Nutshell The Innovation Fund (IF) is one of the world’s largest funding programmes for the commercial demonstration of innovative low-carbon technologies. It is also the EU’s key funding instrument for financing the green transition and promoting...
In a Nutshell What is the CO2 market and infrastructure framework? The CO2 Market and Infrastructure Framework (sometimes referred to as the CO2 transport package) is a forthcoming legislative initiative aimed at creating a well-functioning and cost-effective...
In a Nutshell What is ReFuelEU Aviation? ReFuelEU Aviation (RFEUA) is the EU’s core policy for decarbonising the aviation sector. RFEUA mandates that aviation fuel suppliers gradually increase the share of sustainable aviation fuels (SAF) blended into...
